The case involves an application filed under sections 33 and 34 of the Insolvency and Bankruptcy Code, 2016, by Mr. Manoj Kumar Jain, the Resolution Professional (RP) of Glance Investment (India) Private Limited, seeking a liquidation order. The application is based on a resolution passed by the Committee of Creditors (CoC) during its 4th meeting held on December 19, 2022. CP No. (IB)-87 (MB)/2022 was admitted by the Tribunal on July 8, 2022, and Mr. Manoj Kumar Jain was appointed as the Interim Resolution Professional (IRP). The IRP issued a public announcement inviting proof of claims, which was published in the newspapers Free Press Journal and Navshakti on July 13, 2022. The first CoC meeting was held on August 3, 2022, where the applicant informed that he had
…Mr. Manoj Kumar Jain, the Resolution Professional (RP) of Glance Investment (India) Private Limited, filed an application under sections 33 and 34 of the Insolvency and Bankruptcy Code, 2016, seeking a liquidation order. CP No. (IB)-87 (MB)/2022 was admitted on 08.07.2022. Mr. Jain was appointed as the Interim Resolution Professional (IRP) and later as the RP. The IRP issued a public announcement on 13.07.2022, inviting proof of claims. The first CoC meeting was held on 03.08.2022, where it was informed that two claims from Financial Creditors were received. The RP appointed two Registered Valuers on 22.09.2022 to determine the liquidation and fair value of the Corporate Debtor. A paper publication in Form G was made on 23.09.2022, inviting Expression of Interest
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CP No. (IB)-87…
Mr. Manoj Kumar Jain…
The case involves an application filed under sections 33 and 34 of the Insolvency and Bankruptcy Code, 2016, by Mr. Manoj Kumar Jain, the Resolution Professional (RP) of Glance Investment (India) Private Limited, seeking a liquidation order. The application is based on a resolution passed by the Committee of Creditors (CoC) during its 4th meeting held on December 19, 2022. CP No. (IB)-87 (MB)/2022 was admitted by the Tribunal on July 8, 2022, and Mr. Manoj Kumar Jain was appointed as the Interim Resolution Professional (IRP). The IRP issued a public announcement inviting proof of claims, which was published in the newspapers Free Press Journal and Navshakti on July 13, 2022. The first CoC meeting was held on August 3, 2022, where the applicant informed that he had
…Mr. Manoj Kumar Jain, the Resolution Professional (RP) of Glance Investment (India) Private Limited, filed an application under sections 33 and 34 of the Insolvency and Bankruptcy Code, 2016, seeking a liquidation order. CP No. (IB)-87 (MB)/2022 was admitted on 08.07.2022. Mr. Jain was appointed as the Interim Resolution Professional (IRP) and later as the RP. The IRP issued a public announcement on 13.07.2022, inviting proof of claims. The first CoC meeting was held on 03.08.2022, where it was informed that two claims from Financial Creditors were received. The RP appointed two Registered Valuers on 22.09.2022 to determine the liquidation and fair value of the Corporate Debtor. A paper publication in Form G was made on 23.09.2022, inviting Expression of Interest
…CP No. (IB)-87…
Mr. Manoj Kumar Jain…